Topic: When do you think bear market will come? - page 3. (Read 462 times)
legendary
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I personally think this time around there won't be any bearish market. The market is just too overflowed with the institutional investors capitals that are very bullish when it comes to crypto and not some whales' money that could inflict panic selling everytime the whales trying to make a play. The problem with the volatile market in the past is because everyone want to cash out to make profit, same thing to whales that eventually gonna dump the market when they sees fit. But now there's innovation like Defi, NFT (although deemed overrated) and many more I'd be surprised if the market gonna be the same as in 2017.
When do you think bear market will come and why do you think so?
Not going to happen this year, we have a very high momentum this year, people expect This year to be a milestone and a banner year in terms of adoption and price, nobody's talking about the bubble and bear trend, but we cannot stop people from asking a question about the bear trend because of the 2017 scenario people want to know and ask if it is still good to buy and no bear trend in sight 
You should watch cointelegraph or coindesk and i do believe you will be feeling doubt to speculate when the bearish trend will be coming again.
More firms from US are trying to buy more and more asic mining to compete with chinese miners. Some US banks consider adding bitcoin service as well.
It's not only it. You can also see this news https://cointelegraph.com/news/bitcoin-futures-open-interest-soars-to-new-heights-ahead-of-coinbase-listing
That means crypto is very bullish and it supported by a very strong fundamental.
We may see another bearish trend next year. Bitcoin is on the way to reach 100k
More firms from US are trying to buy more and more asic mining to compete with chinese miners. Some US banks consider adding bitcoin service as well.
It's not only it. You can also see this news https://cointelegraph.com/news/bitcoin-futures-open-interest-soars-to-new-heights-ahead-of-coinbase-listing
That means crypto is very bullish and it supported by a very strong fundamental.
We may see another bearish trend next year. Bitcoin is on the way to reach 100k
When do you think bear market will come and why do you think so?
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